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20121231
20121231
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. you addressed the issue of what happens next, i saw you on rachel's show friday. your theory are it's key to how the fiscal cliff plays out. explain. >> there's a significant difference of opinion in the political ramification of what happens if we go over and it comes down debt ceiling. if we go over the fiscal cliff they have all of the leverage because we'll go into the debt ceiling and it will be just like 2011 again. they'll say we're not going to raise the debt ceiling unless you cut entitlements, barack obama will say no and terrified of consequences of national default he'll say yes. so they'll get all of the entitlement cuts with no tax increases on the table. democrats disagree. they will not, under any circumstance, no matter what republicans do, negotiate over the debt ceiling again. they'll break the habit now. if we go to the debt ceiling they'll say we're not talking about this, if you want to have a deal on entitlements, that will have to be matched one to one with tax increases, again, with tax reform. if they do that say democrats get $600 billion in tax increases
, kathleen, carolyn, rachel, eric, jennifer, chris, cody, greg, katelyn, stephanie, beth, bennett, nathan , emily, mary, abby, lee, shannon, christina, p.j., alex, nicki, randy, john, the two best veteran constituent service reps you could ever want. sharon, rachel, cara. mr. speaker, all of them were loyal to the district and i read their names into the record to thank them for their service and loyalty to me, with you especially for their service to -- but especially for their service to the district. yield back. the speaker pro tempore: the chair recognizes the gentleman from alabama, mr. brook, for five minutes. mr. brooks: mr. speaker, the bush tax cuts history illuminates why american families face huge tax increases on january 1. the bush tax cuts had two purposes, first, stimulate the economy, create jobs, cut unemployment, and cut the deficit. second, cut taxes to help american families take care of their own needs. in just three years thanks to the bush tax cuts unemployment dropped from a high of 6.3% in 2003 to a low of 4.4% in 2006. seven million american jobs were created be
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